Rio Del Oro Commercial in New Mexico
2-13-43,6-1-17,11-51-1,40-42-7,53-55-10 1.25 +/- acres
These five commercial strip mall lots are strategically scattered throughout the Rio Del Oro subdivision. Each lot is part of a larger strip mall and is integral to the completion of that particular strip mall. Having lots in scattered locations increases the likelihood that one of your lots will be desired by a developer. Each lot is approximately 0.25 acre.
These properties are in Units 2, 6, 11, 40, and 53.
Unit 2 Block 13 Lot 43
Lot 43 has frontage along platted Placido Boulevard and is about half a mile from the Rio Del Oro Loop, which is the major road through the subdivision. This lot is just over half a mile north of Rancho Rio Grande. Approximate GPS coordinates 34.718166 -106.572105.
Unit 6 Block 1 Lot 17
Lot 17 has frontage along platted Placido Boulevard and is about 2/3 mile from the Rio Del Oro Loop. Approximate GPS coordinates 34.721261 -106.626353.
Unit 11 Block 51 Lot 1
Lot 1 is a corner lot at the intersection of Fairbanks Boulevard and San Rafael Boulevard. Turn off of the Manzano Expressway onto Fairbanks Boulevard, and in less than half a mile you will be at Lot 1. Approximate GPS coordinates 34.688763 -106.675418.
Unit 40 Block 42 Lot 7
Lot 22 has frontage on Encinas Loop and is less than 850 yards from the intersection of the Rio Del Oro Loop and Military Highway. It is among a cluster of large acreages that were originally designated as a regional center, medical center, and community center, but which may be developed in different ways. Approximate GPS coordinates 34.729941 -106.563818.
Unit 53 Block 55 Lot 10
Lot 10 has frontage on Fairbanks Boulevard and is about a mile west of the Manzano Expressway, east of Highway 47 and Adelino. Fairbanks Boulevard crosses De Haan Loop then continues to intersect with the Manzano Expressway. About 400 feet to the north a new solar field overlay zone is going to be built. There is another solar array about 1/2 mile to the east. Approximate GPS coordinates 34.693437 -106.701003.
Some of these properties were subject to annual fees from the Valley Improvement Association. The Valley Improvement Association no longer exists, so there are no annual fees. Taxes are under $20 per year per lot and are current.
This map shows the locations of Units 2, 6, 11, 40, and 53:
Important Buyer Note
No business or commercial activity of any kind is allowed involving a property under loan contract. Any plans you might have of a commercial nature must wait until the property is paid for in full and ownership has been transferred to you.